Heavy Machines, Inc., manufactures and distributes tractors for agriculture firms. The company has fallen on hard times and although it will pay a $4 dividend in the next period, it expects dividends to decline by 3% per year thereafter. If the discount rate for the company is 9%,the current value of one share of Heavy Machines 's common stock is closest to:

$33.33.

$44.44.

$66.67.